Strategic Leadership 2021: Lessons from Strategy Class

I think the following raises some excellent points about Leadership. I’ve included a few of the highlights for you to get the gist of the article:

As I work with organizations preparing for the new year, one of the most common topics of discussion is what it takes to set a strategic course through times of uncertainty. In part, this requires acknowledgment that the operating landscape is a dynamic environment in continuous change. Under more normal circumstances, we might not feel base-level change; similarly, even though planet earth moves at a speed of 1,000 miles per hour at the equator, we don’t feel that baseline movement. Events like Covid-19 accelerate and focus change, but even absent extraordinary accelerants, the nature of business is dynamic motion.

When I taught a college course in strategic management, the notion of strategy as a fluid process rather than a static document created confusion for some of my students. How could an organization be both, clear in its’ path forward, and malleable as conditions changed? My answer: Strategic leaders must achieve balance, with the business’s vision as the fulcrum. The future state picture vision describes is the destination; the path, aka: strategy, may need to change as conditions shift. When environmental changes accelerate, a strategic leadership approach becomes essential.

What do you think? Maybe you’d like to read on? Check out the full version here then give me a call to discuss how this might impact your own business: Please email me at [email protected].